According to official data, in the seven days ending October 31st, Circle issued approximately 2.4 billion USDC, redeemed approximately 2 billion USDC, and increased circulation by approximately 300 million pieces. The total circulation of USDC is 34.7 billion pieces, with reserves of approximately 34.9 billion US dollars, including cash of approximately 4.3 billion US dollars, and Circle Reserve Fund holding approximately 30.6 billion US dollars.